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Video: What is a Stock Split?
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Compuware is a provider of software and supporting services in three business segments: Application Performance Management (APM); Mainframe Productivity and Performance (Mainframe); and Application Services (Covisint). Co.'s APM solutions are designed to provide a view of the performance of applications across the enterprise and through the Internet for end user, all from a single dashboard. Co.'s Mainframe solutions are designed to optimize developer productivity and improve service through the application lifestyle of mainframe applications. Covisint enables enterprises to connect with and share key information, data and applications with their network of customers and business partners. According to our CPWR split history records, CPWR has had 4 splits. | |
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CPWR (CPWR) has 4 splits in our CPWR split history database. The first split for CPWR took place on April 15, 1997. This was a 2 for 1
split, meaning for each share of CPWR owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. CPWR's second split took place on November 05, 1997. This was a 2 for 1
split, meaning for each share of CPWR owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. CPWR's third split took place on March 01, 1999. This was a 2 for 1
split, meaning for each share of CPWR owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. CPWR's 4th split took place on October 16, 2014. This was a 1041 for 1000 split, meaning for each 1000 shares of CPWR owned pre-split, the shareholder now owned 1041 shares. For example, a 8000 share position pre-split, became a 8328 share position following the split.
When a company such as CPWR splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the CPWR split history from start to finish, an original position size of 1000 shares would have turned into 8328 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CPWR shares, starting with a $10,000 purchase of CPWR, presented on a split-history-adjusted basis factoring in the complete CPWR split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
06/21/2017 |
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End date: |
08/09/2023 |
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Start price/share: |
$8.00 |
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End price/share: |
$0.01 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.90% |
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Average Annual Total Return: |
-67.55% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10.01 |
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Years: |
6.14 |
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Date |
Ratio |
04/15/1997 | 2 for 1
| 11/05/1997 | 2 for 1
| 03/01/1999 | 2 for 1
| 10/16/2014 | 1041 for 1000 |
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